Opinion: Here’s the latest data on what Realtors are witnessing in the housing market
Housing Wire
OCTOBER 1, 2022
Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. One way to understand the competitiveness of the market is to look at buyers who are waiving contingencies. All cash buyers now stand at 24%.
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